Tuesday, May 5, 2009

Why US economy is down today?

why US economy is down?

As far as I know the economy is not down because of software moving to offshore. How many people are working on computers? what is the percentage of the people who are working on computers. If we take the numbers in 2000 and 2008, what is the difference? I hope this is not the reason for the economy to be down today. People are all loosing jobs because of some major companies who are looking for their personal profit. They do not care about the country economy, they just care about their profits.

The main reason for the economy to be down is just because of moving all the manufacturing industries to other countries like China.Today if we go to shopping and buy anything, look the name tag, it says made in CHina. In the last two years this is the major impact on US economy. Everything is made in china and sold in US. So basically the companies are making profits on marketing these products and the countries who are manufacturing these products are developing jobs in their countries. who are the loosers? People who are in US just buying these products are the loosers. How long do they buy these products if they do not have money. They earn money if they have jobs, how do these people get jobs? If we start manufacturing here and market the products here, that is going to improve the US economy.

Computer industry is not the major impact on US economy. Mainly manufacturing industries. If you can stop the companies who are having manufacturing companies outside US, then the US economy will be back to normal.